Klovern AB is a Sweden-based company active in the real estate sector. The Company is primarily engaged in the acquisition, development and management of commercial real estate properties within the areas of business and science parks, small enterprise parks and city properties. As of December 31, 2011, the Company operated a portfolio of approximately 380 properties. As of December 31, 2011, the Company had 16 wholly owned subsidiaries, such as Klovern Strand AB, Klovern Komp Strom AB and Klovern Adam AB, among others. As of December 31, 2011, the Company’s largest shareholder was Corem Property Group (20%). In December 2013, the Company acquired two office properties in Gothenburg area. In May 2014, it sold four properties in Karlstad, Landskrona, Solleftea and Harnosand in three separate transactions.